Among the given options ,current liabilities are not to be included in a company's income statement.
Given an incomplete sentence related to income statement.
We are requested to fill the blank with appropriate term from the options.
The correct options is current liabilities.
Current liabilities are shown in a balance sheet but not in an income statement.
Current liabilities are those liabilities which are to be due in one year.
Depreciation is the gradual decrease in the value of an asset due to passage of time. It plays an important role in financial statements of a company and is also recorded in income statements.
Cost of goods sold in itself a expense and to be recorded in income statements.
Bond interest expense is income or an expense depends on whether we are receiver or payer of interest.
Hence among the given options ,current liabilities are not to be included in a company's income statement.
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